MindBeacon Group Closes Series A Round, Grows Funding To $20 Million

Toronto, Canada-based MindBreacon Group (MindBeacon) recently bought its total funding to more than $20 million after closing a round of Series A financing. Investors in the financing round included Telus Ventures, Manulife, Elkland Capital, and Strauss Interests.

MindBeacon’s Beacon platform provides cognitive behavioral therapy (CBT) to individuals with mental health issues such depression and anxiety. CBT is a form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts. According to statements from MindBeacon leadership, the new funds will go towards enhancing the company’s offerings, as well as expanding its reach throughout . . .